Snapchat Unveils New Cash Transfer Feature

The picture snapping app revealed on Monday its new “Snapcash” feature allowing users to transfer money to each other in a fun, fast and easy way.

Snapchat and Square revealed the two teamed up to create an element to enhance the popular social media app.

“Like Square Cash, Snapcash requires that users store their bank account information with Square, which handles the back-end money exchange. Once set up, users can send money via the Snapcash feature by simply entering a dollar amount into a chat, and sending it to a friend, as the bizarre promotional video above demonstrates,” said Fast Company.

“Snapcash” is just another way this social media is proving their dedication to the importance of evolution in order to grow and remain unique.